Arlena Sawyers , Correspondent

AutoNation’s net income from continuing operations rose 11 percent to $97.4 million in its second quarter, aided by its used-vehicle operations, the company reported. AutoNation CEO Mike Jackson credited the record number of “nearly new” off-lease vehicles returning to the market with underpinning... Read More

Jim Leman, Correspondent

The numbers foretell how dramatic inventory planning must change if dealers want to keep their used-car lots filled. Decreasing new-car sales, declining lease originations and consumers keeping vehicles longer are together tightening the supply of used cars. New-car dealers feel the pinch, and so too do independent... Read More

AuSM Staff

Amid a shortage of qualified automotive technicians in the country, Mercedes-Benz USA announced Monday that it has launched a new partnership with Jefferson Community and Technical College (JCTC) in Louisville, Ky., to help address the current need for more skilled technicians in the U.S. This news comes just about a... Read More

AuSM Staff

Following up from arranging a strategic partnership with the National Independent Automobile Dealers Association, HyreCar — the carsharing marketplace for ridesharing — announced on Tuesday that it is expanding its unique dealer focused “path to ownership” program with stores in six different cities... Read More

Autotrader announces top CPO deals for August

AuSM Staff

At a time when many people are inside trying to dodge the high temperatures, drivers interested in shopping certified pre-owned vehicles may find coming out and facing the summer's heat this August worth their while. Autotrader has come out with its latest list of top CPO deals that... Read More

AuSM Staff

AutoNation announced Thursday that it has proposed a $300,000 matching grant to help combat homelessness across the Southeastern Florida area that is home to the company’s headquarters. Until Dec. 31, AutoNation said it will now match up to $300,000 in donations made to the United We End Homeless project... Read More

AuSM Staff

Dealers can find out how to use techniques that are intended to help boost buyer interest in online used-car inventory in the next Carfax Insiders webinar that’s set to broadcast on Thursday at 2 p.m. (ET). The company announced a relaunch of its free best practice webinar series for dealers that is designed to... Read More

Joe Overby, Senior Editor

In the latest installment of the annual Power 300 issue of AuSM, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. First up is Jill Whitehead, senior vice president of operations at Dominion Dealer... Read More